AMERICAN CLOTHING AND TEXTILE INDUSTRY ASSOCIATIONS WELCOME PHASE 1 TRADE DEAL BETWEEN US AND CHINA

USA clothing and textile industry associations have welcomed the striking of a ‘phase 1’ trade agreement between the US and Chinese governments, which will prevent the imminent imposition of 10% ‘4B’ scheduled US duties on a wide range of Chinese knitwear, knitted fabrics, yarn and dyes. The deal is also expected to halve the existing 15% ‘4A’ tariffs imposed on September 1 on some China-made woven fabrics, viscose rayon; artificial staple fibres; as well as some cut weft pile, chenille and wrap knit fabrics. However, Julia Hughes, president ...


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